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My Student Loan Just Went Into Collections. Is My Paycheck About to Get Garnished?
So, here we go! If you’ve received a letter from the Department of Education saying your student loans are in default, you’re definitely not alone. Millions are getting hit with this reality check as federal student loan collections kick back in after a long break. My Student Loan Just Went Into Collections. Is My Paycheck About to Get Garnished? But don’t sweat it too much—there’s a way out that doesn’t involve a lawyer or a legal battle. We’ll break down what default really means, what it could mean for your paycheck, and how you can take action to get back on track. Stick around, because…
The skinny
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